ETHUSD on supply zone and there is no sign of weakness , hopefully it will pass supply and will reach first destination of butterfly XD, Need to be cautious between 2359-2388, After hitting PRZ it might test supply for further upmove. Targets marked on chart...
Tatachem on verge of pennant breakout at daily timeframe. supply zone overhead so it might get resistance once or twice before giving target. Targets on chart...
Banknifty would become very bullish once it give breakout... As its on daily timeframe it might take few weeks to reach targets, but this pattern shows a very bullish sign... Taragets on chart...
Reliance given pennant breakout on weekly chart and was on consolidation in range for few weeks, which can be seen clearly in daily chart. A must buy scrip now... Targets on chart...
Daily timeframe chart
Tvs motors given pennant breakout at hourly timeframe. Targets on chart...
*Kindly go through previous TVS Motors chart , this one is continous below chart.
LT given pennant breakout on hourly and 2 hr timeframe. Bearish divergence in rsi so it might retest bottom of pennant before upmove. Targets on chart...
Nifty not showing any kind of bearishness at all. looks like yesterday fall was just a profit booking . 15055 and 14052 are major supports for nifty. till that only look for buy opportunity. 15468 would be next target.Lets see how it react....
